Johnson Seeks to Avert Defeat by Accelerating Brexit Talks – Financial Times
Boris Johnson is to “step up the tempo” of talks in Brussels to secure a new Brexit deal, as he attempts to avert a defeat at the hands of Labour and pro-European Conservative rebel MPs at Westminster next week.
U.K.’s Boris Johnson Seeks Suspension of Parliament Ahead of Brexit – Bloomberg
Prime Minister Boris Johnson asked Queen Elizabeth II to suspend the UK Parliament from mid-September to mid-October – a move that could hamper lawmakers efforts to block a no-deal Brexit and even trigger a constitutional crisis.
FXPA to Host Discussion Forum
The Foreign Exchange Professionals Association (FXPA) will be hosting a networking event and discussion forum on trading venue-related issues on Thursday, September 5th, at 5:00 pm in New York. The panel discussion and interactive forum will focus on such issues as the handling by trading venues of off-market transactions, as well as the disclosure of trade volume and matching engine information. To request an invitation, please email firstname.lastname@example.org as seating is limited.
Yuan Slumps to 11-Year Low as US Trade War Escalates – Reuters
China’s yuan slumped to a fresh 11-year low against the dollar on Monday and stocks fell as the Sino-US trade war sharply escalated, threatening to inflict more damage on the world’s largest economies and weigh further on global growth.
Mexico’s Central Bank Cuts Rates for First Time in 5 Years as Economy Sputters – Reuters
Mexico’s central bank cut its key lending rate for the first time since June 2014, citing slowing inflation and increasing slack in the economy, and fueling expectations that further monetary policy easing could be on the way.
Global Stocks Routed, Oil Sinks as Bond Markets Flash Recession Warning – Reuters
Global stocks crumbled and oil prices extended a punishing sell-off on Thursday as an inverted US bond yield curve intensified fears about a world recession.
Hong Kong Airport Reopens After Overnight Clashes, Mass Protests –Reuters
Hong Kong’s airport resumed operations on Wednesday, rescheduling hundreds of flights that had been disrupted over the past two days as protesters clashed with riot police in a deepening crisis in the Chinese-controlled city.
China’s Former Central Bankers Warn of Lasting Currency War with US – Straits Times
Former China central bankers have warned of currency-war risks with the US after an abrupt escalation of trade tensions between the world’s two biggest economies this week.